Never miss a post…subscribe!
I recently took a short ride with my friend Paulie. We reached our destination in less than 10 minutes, only to find nowhere to park.
We circled block after block. Any open spot turned out to be a fire hydrant.
Finally, after 20 minutes, we found a spot! Then, we walked many blocks in the cold to our destination.
Parking had taken more than twice as long as our trip!
But what if you could instantly see on your phone where the open spots are? A company called VADE is making that a reality.
VADE puts wireless, solar powered cameras in cities to monitor parking use. It can find open spots, double parked cars, and blocked bike lanes automatically.
Quickly directing drivers to an open spot could save tons of time and carbon emissions. Researchers estimate 15-30% of all driving is people searching for parking spots!
VADE could have a profound effect on climate change. Imagine if we eliminated 15-30% of all vehicle emissions!
VADE also makes cities safer. If a city can find blocked bike lanes and clear them, bicyclists no longer have to venture into perilous traffic to get around obstacles.
I had some privacy concerns with putting cameras all over a city, but VADE’s cameras are intentionally lower resolution. They can spot a car but can’t identify a person, a wise design decision.
I’m super excited to be an investor in VADE. I look forward to a day when Paulie can save tons of time and effort parking, and you can too!
Never miss a post…subscribe!
More on tech:
The #1 Reason I Say No to Founders
Why I Just Invested in Deft, the Best Way to Shop Online
Tech Plunge Hits Early Stage Startups
If you liked this post, please share it on Twitter/Facebook/etc. using the buttons at the bottom of the page. This helps more people find the blog!
Save Money on Stuff I Use:
Amazon Business American Express Card
You already shop on Amazon. Why not save $100?
If you’re approved for this card, you get a $100 Amazon gift card. You also get up to 5% back on Amazon and Whole Foods purchases, 2% on restaurants/gas stations/cell phone bills, and 1% everywhere else.
Best of all: No fee!
This platform lets me diversify my real estate investments so I’m not too exposed to any one market. I’ve invested since 2018 and returns have been great so far.
More on Fundrise in this post.
If you decide to invest in Fundrise, you can use this link to get your management fees waived for 90 days.
My wife and I have gotten organic produce shipped to our house by Misfits for over a year. It’s never once disappointed me.
Every fruit and vegetable is super fresh and packed with flavor.
I thought radishes were cold, tasteless little lumps at salad bars until I tried theirs! They’re peppery, colorful and crunchy!
I wrote a detailed review of Misfits here.
Use this link to sign up and you’ll save $10 on your first order.
Tremendous 
2 thoughts on “VADE: The Future of Parking”